Necon Air

The airline indefinitely suspended flights in 2003 due to financial difficulties and was delisted from the Nepal Stock Exchange in 2006.

[3] Necon Air was established as Nepal's first private airline company in 1992.

[4] Plans were announced to add two medium size Boeing or Airbus aircraft by September 2002 and extending the network to new regional destinations in South Asia and China.

[5] Necon Air indefinitely suspended flights in 2003 due to financial difficulties.

Along with debt to private commercial banks, the airline also owed NPRs 20 million to the Civil Aviation Authority of Nepal for landing and ground charges and NPRs.